Monday, 15 September 2014

Groups seek records on ATM charges from CBN



Civil society groups, among them Public and Private Development Centre, Enough is Enough Nigeria, FoI Coalition and other interested persons and in accordance with the provisions of the Freedom of Information (FoI) Act 2011, have written to the Central Bank of Nigeria (CBN) requesting for records relating to the directive of re-introducing charges on ATM withdrawals in the Nigerian banking sector and which was made effective from September 01, 2014. A letter signed by Seember Nyagher, Yemi Ademolekun and Maxwell Kadiri on behalf of the groups says: According to the directive, the cost of N65 per transaction would apply to the card holder from the 4th remote-on-us withdrawal in a month. Considering the need for all banking directives to be made in the national interests, we write to request for documentation that would enable us properly assess how this decision to re-introduce charges on ATM withdrawals was arrived at. They thereafter sought for information to be provided under the FoI Act relating to the number of ATM machines deployed by individual banks in each state across Nigeria, location of ATM machines deployed by individual banks in each state across Nigeria, records showing the daily transaction down time on ATM machines in each state across Nigeria in the last six months, records of unfulfilled ATM requests compared to fulfilled ATM requests by individual banks across Nigeria as well as records indicating how much each bank in Nigeria has spent to maintain its ATM infrastructure in the last years.
Guardian Newspaper

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